FINANCIAL_SERVICESAPPROVED

City of Cherokee Village Awards Financial Services Contract to First Community Bank (October 2026)

Cherokee Village authorized First Community Bank CD investments totaling $300,000. The approved placements include one $150,000 three-month CD and one $150,000 six-month CD at an expected rate of at least 4.05%.

Document date · October 8, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$150,000 for a 3-month CD and $150,000 for a 6-month CD
Contract type
FINANCIAL_SERVICES
Contract term
3 months and 6 months
Renewal date
2027-02-13
Renewal
Two separate certificates of deposit were authorized: one maturing after three months and one after six months. No automatic renewal clause was stated.
Document type
AgendaPacket
Source document
City of Cherokee Village Agenda Packet 2026-10-08

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Cherokee Village?

First Community Bank was awarded this financial services contract by City of Cherokee Village, as recorded on October 8, 2026. The contract value is $150,000 for a 3-month CD and $150,000 for a 6-month CD.

How much is the First Community Bank contract with City of Cherokee Village worth?

The First Community Bank contract with City of Cherokee Village is valued at $150,000 for a 3-month CD and $150,000 for a 6-month CD, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Cherokee Village Agenda Packet 2026-10-08 (AgendaPacket), dated October 8, 2026 from City of Cherokee Village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Community Bank hold?

First Community Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Cherokee Village currently buying?

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